Matt Hougan provided the rationale for his prediction in a weekly memo published on Monday. Corporate Bitcoin Treasuries Are an Overlooked Megatrend Software firm Microstrategy (Nasdaq: MSTR) saw revenues dip by 10% in 2024, yet it was one of the best performing stocks in the Nasdaq 100, according to Barchart.com. The reason its stock shot […]
Since surpassing the $ 2 billion milestone in tokenized U.S. Treasuries at the end of August, the sector has added another $ 210 million. The Blackrock USD Institutional Digital Liquidity Fund (BUIDL) still holds the top spot with a market cap of $ 531.88 million, reflecting a 3.32% rise over the last …
In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $ 24.5 billion in treasuries, down by $ 12.6 billion since the end of March. Optimism’s DAO, which boasted $ 8.3 billion on Mar. 24, has seen its treasury shrink to $ 3.8 billion, making it the largest …
As of today, the market capitalization of tokenized U.S. Treasuries stands at an impressive $ 1.92 billion, reflecting a $ 110 million increase since July 9, 2024, marking a 6.08% rise over roughly five weeks. Blackrock’s BUIDL continues to lead the pack among tokenized Treasury assets by market cap, experiencing a $ …
According to the latest data, Blackrock’s BUIDL fund on Securitize has surpassed $ 500 million, becoming the first tokenized money market fund to reach this milestone. This achievement coincides with the value of tokenized U.S. Treasuries reaching $ 1.81 billion. Half Billion Milestone for Blackrock’s BUIDL Fund This week, Blackrock’s USD Institutional Digital …